Business

KSE-100 benchmark index loses 249 points.

Public sector banks lagging in recovery drive.

KESC tariff will be brought in line with other power distribution companies.

Anger rises over govt non-action against ‘bhatta’.

Tug of war between the centre and the provinces continues.

PTA warns marketers to desist sending unconsented, unwanted, fraudulent, misleading, spam and/or illegal SMS.

Law against gas theft may be passed soon.

Industrial and agricultural sectors should be given priority in energy to strengthen the national economy.

Remains under pressure amid grim economic outlook.

Shell Pakistan almost doubled their profits, while National Bank too had increased profits. Suzuki remained stagnant.

Summary moved to extend forced leave of Ogra chairman.

Threaten a week-long strike if authorities fail to control the situation.

KSE-100 benchmark index loses 141 points.

Expected revenues through IDL estimated at Rs25b annually.

NA panel approves amendments for recycling of Rs22m worth of leftover old coins.

MD SNGPL says company recovered Rs1.8 billion in fines after identifying industrial connections involved in theft.

USAID aims to add 700MW to national grid by 2012.

Power distributors seek to move away from natural gas and furnace oil.

Rates expected to rise even further.

Benchmark KSE-100 index gains 36 points.

“If you are a trader, wholesaler or retailer, you need not worry how much to pay, the mafia will decide your rate".

Recommendations about dividing Inland Revenue Dept were allegedly changed.

Prof. Dr Masood Sadiq Butt says that functional and nutraceutical foods help maximise health and reduce disease risks.

Firm’s social initiatives focus on education, health and impact of business decisions.

Parent company expected to generate capital to pay-off subsidiary’s loan.

SBP gives world’s largest bank go-ahead on August 18.

New policy to give more incentives to exploration companies.

Tax authorities came up with claims of Rs2.4b following BP asset sale.

The move is seen as a reversal from their previous position.

Benchmark KSE-100 index gains 68 points.

Oil and gas sector production falls over 2%.

Waiver of long-term gas supply to result in higher import bill; nine off-the-agenda amendments approved.

Oil dealers' margin increased by 70 paisas, oil marketing companies' commission increased by 48 paisas on petrol.

Chinese company to invest in power and steel sector.

Chamber seeks to boost trade and mitigate visa issues.

Attock Refinery gained the most from its competitors in July.

Zone to be spread over 200 acres of land in industrial city of Faisalabad.

Diversification and increase in milk products led to the resurgence of Engro Foods along with increase in rice exports

OICCI issues travel advisory for corporate executives.

FBR, ministries of commerce, industries against the proposal.

Afghanistan asking to make this exemption permanent.

Female employees’ personal obligations will always be taken as a sign of career non-seriousness.

Majority of subscribers are happy with their current operator: survey.

Sales of prime real estate have dropped to 30-month lows.

Lack of infrastructure like electricity a stumbling bock to growth.

Offices being used for political purposes by PML-N.

Regulator threatens to sue after ministry authorises 3 firms to conduct inspections.

India earned about $1.5 billion from sponsored clinical research in 2010.

Four per cent immediate increase, removal of subsidy for slabs 1-100 and 100-300 units.

The trade, limited to 21 items, is small, hampered by the fact that it has to be done through a barter system.